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Groupon Named a Finalist for a PYMNTS.com Innovator Award

Friday, March 1, 2013 2:20 PM

Groupon has been named as a finalist for a 2013 Innovator Award in the
category of Best POS Transformation. One of five finalists in the their
category, Groupon is being recognized as a leader in the payments
industry. Voting
is open now through March 1 on PYMNTS.com with the winners being
announced during a live ceremony hosted by The Office’s BJ Novak on
March 21 from The Innovation Project, a two-day program that will
challenge the way that the payments and broader commerce ecosystem
thinks, develops, and ignites innovation. Groupon is being recognized
for the company’s Groupon
Payments service, a convenient way for merchants to accept credit
cards at the guaranteed lowest overall rates, and Breadcrumb,
an easy-to-use, powerful and affordable iPad POS system for restaurants,
bars and cafes.

"It’s an honor to be recognized by PYMNTS.com in the category of Best
POS Transformation,” said Mihir Shah, VP/GM, Merchant OS. “Groupon
Payments and Breadcrumb are two excellent examples of our mission to
provide merchants with the most affordable and powerful tools to run and
grow their businesses.”

The Innovation Project 2013 delegates include senior executives and
elite innovators from every aspect of the payments and broader commerce
ecosystem, worldwide. The Innovation Project is hosted by PYMNTS.com,
the leading source of news and content on “what’s next” in payments
innovation, and is taking place on March 20-21 at Harvard University.
One of its five modules includes pairing industry CEOs with external
thought leaders such as Al Gore (former U.S. VP), SteveLevitt
(Freakonomics), Eric Reis (The Lean Startup),
RosieRios (U.S. Treasurer), RussellSimmons (Rush
Card), Raj Date (CFPB),and Josh Lerner(Architecture
of Innovation) to challenge the conventional wisdom around what it
will take to get merchants and consumers to adopt new ways to shop and
pay. Warren Buffett is the program’s keynote.

For more information on Groupon, Inc., Groupon Payments and Breadcrumb,
visit https://www.grouponworks.com/merchant-solutions.
To see the list of other finalists and to vote, click
here, and to request an invitation to participate as a delegate
please visit theinnovationproject2013.com.

About The Innovation ProjectOver 2 days, 100 speakers and
500 senior members of the payments industry will change the way that the
payments and its broader commerce ecosystem thinks, talks, delivers and
ignites innovation. On March 20th and 21st the
greatest minds in commerce and payments will assemble at Harvard
University near Boston to kick the conversation about innovation up to
an entirely different level at a program called The Innovation Project.
Speakers and delegates are among the most senior executives and elite
innovators from literally every established payments company worldwide,
along with the CEOs of the most innovative startups in the space. One of
its five modules includes pairing industry CEOs with external thought
leaders such as Al Gore (former U.S. VP), SteveLevitt (Freakonomics),
Eric Reis (The Lean Startup), RosieRios (U.S.
Treasurer), RussellSimmons (Rush Card), Raj Date (CFPB),and Josh Lerner(The Architecture of Innovation) to
challenge the conventional wisdom around what it will take to get
merchants and consumers to adopt new ways to shop and pay. Warren
Buffett is the program’s keynote. The Innovation Project also
hosts the industry’s 2013 PYMNTS.com Innovator Awards, given to 15 of
the industry’s top innovators over dinner, which this year will be
emceed by B.J. Novak of The Office and will introduce delegates
to 40 of the hottest “next generation” payments innovators.

About GrouponGroupon
(NASDAQ: GRPN) is a global leader in local commerce, making it easy for
people around the world to search and discover great businesses at
unbeatable prices. Groupon is reinventing the traditional small business
world by providing merchants with a suite of products and services,
including customizable deal campaigns, credit
card payments processing capabilities and point-of-sale
solutions to help them attract more customers and run their
operations more effectively. By leveraging the company’s global
relationships and scale, Groupon offers consumers incredible deals on
the best stuff to eat, see, do, and buy in 48 countries. With Groupon,
shoppers discover the best a city has to offer with Groupon
Local, enjoy vacations with Groupon
Getaways, and find a curated selection of electronics, fashion, home
furnishings and more with Groupon
Goods. To subscribe to Groupon emails, visit http://www.groupon.com.
To learn more about the company’s merchant
solutions and how to work
with Groupon, visit http://www.GrouponWorks.com.

About PYMNTS.comPYMNTS.com is reinventing the way in which
companies in payments share relevant information about the initiatives
that shape the future of commerce and make news. This powerful B2B
platform is the #1 site for the payments industry by traffic and the
premier source of information about “what’s next” in payments. C-suite
and VP level executives read it daily for these insights, making the
PYMNTS.com audience the most valuable in the industry. It provides an
interactive platform for companies to demonstrate thought leadership,
popularize products and, most importantly, capture the mindshare of
global decision-makers. It’s where the best minds and best content meet
on the web.

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